Cintas on Tuesday proposed to buy UniFirst for about $5.3 billion, after its repeated overtures to take over the uniform supplier were rejected by the company's board. Cintas said it had offered $275 ...
Cintas CEO Todd Schneider talked to the Courier about why his company’s offer to buy rival UniFirst is so compelling to both companies that he wants to make sure UniFirst’s shareholders know about it.
The company went public with its offer Tuesday morning after it said UniFirst’s board refused multiple times to engage further on any deal talks. The Wall Street Journal earlier reported on the ...